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You are offered $120,000 today or $360,000 in 4 years. Assuming that you can earn 11 percent on your money, which should you choose? If
You are offered $120,000 today or $360,000 in 4 years. Assuming that you can earn 11 percent on your money, which should you choose?
If you are offered $360,000 in 14 years and you can earn 11 percent on your money, what is the present value of $360,000? (round to the nearest cent)
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